NMEDD Press Releases - May 2018

Cabinet Secretary Alicia J. Keyes was recently interviewed on the KUNM radio program Women’s Focus.

New Mexico MainStreet Announces New Frontier Communities

May 23, 2018

Santa Fe, N.M. - Today, New Mexico MainStreet announced that the communities of Cimarron, Conchas Dam, Rodeo, and Taos Pueblo have been selected to participate in MainStreet's Frontier Communities Initiative. The Frontier Communities Initiative is project-based and designed to serve New Mexico's rural communities, less than 7,500 in population, through catalytic economic development projects that have substantial impact on job creation, business development, leveraging of private sector reinvestment, and/or enhancement of the community's economic environment.

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Governor Susana Martinez Announces Opportunity Zone Designations for New Mexico

May 21, 2018

Santa Fe, N.M. - Today, Governor Martinez announced sixty-three Opportunity Zone designations in New Mexico. The Tax Cuts and Jobs Act created Opportunity Zones to spur investment in distressed communities throughout the country. New investments in Opportunity Zones can receive preferential tax treatment. New Mexico's Opportunity Zones are located in rural, tribal and urban communities in 22 counties.

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EDD Announces $250,000 to Assist Small Science & Technology Companies

May 17, 2018

Santa Fe, N.M. - Today, Economic Development Secretary Matt Geisel announced that three New Mexico companies will receive New Mexico Small Business Innovation Research (NMSBIR) Matching Grants to help their businesses grow. The NMSBIR program is designed to support science and technology companies by assisting them in business development, technology commercialization and entry to market.

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Governor Susana Martinez Announces $1.6 Million Catalyst Fund Commitment to NMA Ventures

May 16, 2018

Albuquerque, N.M. – Today, Governor Susana Martinez announced that NMA Ventures will receive up to $1.6 million from the Catalyst Fund to invest in New Mexico startups. This commitment will leverage $2.6 million in funds from NMA Ventures, to be invested in New Mexico startups, bringing the total potential investment from this commitment through the Catalyst Fund up to $4.2 million.

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